Name
As of 10/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
12.1%
1 yr return
26.3%
3 Yr Avg Return
4.0%
5 Yr Avg Return
9.3%
Net Assets
$1.7 B
Holdings in Top 10
20.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.38%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 5.00%
Redemption Fee 2.00%
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/18/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
GABAX - Profile
Distributions
- YTD Total Return 12.1%
- 3 Yr Annualized Total Return 4.0%
- 5 Yr Annualized Total Return 9.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.13%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameTHE GABELLI ASSET FUND
-
Fund Family NameGabelli
-
Inception DateJan 03, 1994
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMario Gabelli
GABAX - Performance
Return Ranking - Trailing
Period | GABAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.1% | 4.3% | 39.4% | 97.65% |
1 Yr | 26.3% | 8.2% | 64.9% | 97.08% |
3 Yr | 4.0%* | -10.8% | 16.3% | 94.75% |
5 Yr | 9.3%* | -7.5% | 111.5% | 95.63% |
10 Yr | 8.2%* | 0.4% | 53.5% | 95.41% |
* Annualized
Return Ranking - Calendar
Period | GABAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.1% | -42.6% | 47.4% | 96.02% |
2022 | -18.9% | -56.3% | -4.2% | 23.39% |
2021 | 8.3% | -27.2% | 537.8% | 83.14% |
2020 | -1.8% | -22.5% | 2181.7% | 94.39% |
2019 | 11.3% | -13.5% | 40.4% | 94.21% |
Total Return Ranking - Trailing
Period | GABAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.1% | 4.3% | 39.4% | 97.65% |
1 Yr | 26.3% | 8.2% | 64.9% | 97.08% |
3 Yr | 4.0%* | -10.8% | 16.3% | 94.75% |
5 Yr | 9.3%* | -7.5% | 111.5% | 95.63% |
10 Yr | 8.2%* | 0.4% | 53.5% | 95.41% |
* Annualized
Total Return Ranking - Calendar
Period | GABAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.3% | -5.0% | 47.4% | 95.78% |
2022 | -10.6% | -36.8% | -2.2% | 11.12% |
2021 | 18.9% | 3.0% | 537.8% | 93.36% |
2020 | 11.2% | -15.8% | 2266.0% | 84.47% |
2019 | 22.4% | -0.4% | 241.3% | 95.48% |
NAV & Total Return History
GABAX - Holdings
Concentration Analysis
GABAX | Category Low | Category High | GABAX % Rank | |
---|---|---|---|---|
Net Assets | 1.7 B | 2.34 M | 1.55 T | 46.56% |
Number of Holdings | 477 | 2 | 4002 | 22.02% |
Net Assets in Top 10 | 335 M | 979 K | 517 B | 58.06% |
Weighting of Top 10 | 20.70% | 0.3% | 112.9% | 96.59% |
Top 10 Holdings
- AMETEK Inc 3.07%
- Berkshire Hathaway Inc 2.35%
- Deere Co 2.34%
- Sony Group Corp 2.12%
- Republic Services Inc 2.09%
- Caterpillar Inc 1.96%
- Genuine Parts Co 1.86%
- American Express Co 1.65%
- Brown-Forman Corp 1.64%
- Mastercard Inc 1.62%
Asset Allocation
Weighting | Return Low | Return High | GABAX % Rank | |
---|---|---|---|---|
Stocks | 99.32% | 0.00% | 105.85% | 39.27% |
Bonds | 0.62% | 0.00% | 94.06% | 3.89% |
Cash | 0.06% | 0.00% | 99.07% | 88.26% |
Preferred Stocks | 0.00% | 0.00% | 2.53% | 7.94% |
Other | 0.00% | -13.91% | 100.00% | 68.58% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 58.41% |
Stock Sector Breakdown
Weighting | Return Low | Return High | GABAX % Rank | |
---|---|---|---|---|
Industrials | 25.32% | 0.00% | 29.90% | 0.91% |
Consumer Defense | 17.35% | 0.00% | 47.71% | 1.65% |
Communication Services | 14.53% | 0.00% | 27.94% | 4.62% |
Financial Services | 12.95% | 0.00% | 55.59% | 70.98% |
Consumer Cyclical | 8.99% | 0.00% | 30.33% | 75.43% |
Healthcare | 6.31% | 0.00% | 52.29% | 98.02% |
Basic Materials | 5.98% | 0.00% | 25.70% | 8.16% |
Technology | 4.94% | 0.00% | 48.94% | 99.34% |
Energy | 2.23% | 0.00% | 41.64% | 76.26% |
Real Estate | 1.08% | 0.00% | 31.91% | 81.70% |
Utilities | 0.31% | 0.00% | 20.91% | 82.19% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | GABAX % Rank | |
---|---|---|---|---|
US | 90.90% | 0.00% | 105.85% | 89.23% |
Non US | 8.42% | 0.00% | 64.54% | 4.94% |
Bond Sector Breakdown
Weighting | Return Low | Return High | GABAX % Rank | |
---|---|---|---|---|
Corporate | 16.79% | 0.00% | 100.00% | 5.01% |
Derivative | 0.00% | -1.75% | 26.55% | 63.18% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 93.03% |
Securitized | 0.00% | 0.00% | 52.16% | 58.03% |
Municipal | 0.00% | 0.00% | 2.10% | 57.60% |
Government | 0.00% | 0.00% | 100.00% | 58.79% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | GABAX % Rank | |
---|---|---|---|---|
US | 0.62% | 0.00% | 94.06% | 3.89% |
Non US | 0.00% | 0.00% | 14.23% | 56.92% |
GABAX - Expenses
Operational Fees
GABAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.38% | 0.01% | 19.75% | 16.71% |
Management Fee | 1.00% | 0.00% | 1.90% | 97.80% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 48.70% |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
GABAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
GABAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 2.00% | 0.25% | 2.00% | 38.46% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
GABAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 5.00% | 0.00% | 268.00% | 13.51% |
GABAX - Distributions
Dividend Yield Analysis
GABAX | Category Low | Category High | GABAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.29% | 0.00% | 25.47% | 8.69% |
Dividend Distribution Analysis
GABAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annual | Annual |
Net Income Ratio Analysis
GABAX | Category Low | Category High | GABAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.13% | -54.00% | 2.44% | 79.90% |
Capital Gain Distribution Analysis
GABAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 27, 2023 | $0.158 | OrdinaryDividend |
Dec 27, 2023 | $3.743 | CapitalGainLongTerm |
Dec 28, 2022 | $4.780 | OrdinaryDividend |
Dec 29, 2021 | $0.194 | OrdinaryDividend |
Dec 29, 2021 | $0.000 | CapitalGainShortTerm |
Dec 29, 2021 | $5.530 | CapitalGainLongTerm |
Dec 29, 2020 | $7.091 | OrdinaryDividend |
Dec 27, 2019 | $0.233 | OrdinaryDividend |
Dec 27, 2019 | $0.025 | CapitalGainShortTerm |
Dec 27, 2019 | $5.266 | CapitalGainLongTerm |
Dec 27, 2018 | $0.015 | CapitalGainShortTerm |
Dec 27, 2018 | $4.763 | CapitalGainLongTerm |
Dec 27, 2018 | $0.172 | OrdinaryDividend |
Dec 27, 2017 | $5.034 | CapitalGainLongTerm |
Dec 27, 2017 | $0.091 | OrdinaryDividend |
Dec 28, 2016 | $6.638 | CapitalGainLongTerm |
Dec 28, 2016 | $0.416 | OrdinaryDividend |
Dec 29, 2015 | $0.050 | CapitalGainShortTerm |
Dec 29, 2015 | $7.300 | CapitalGainLongTerm |
Dec 29, 2015 | $0.214 | OrdinaryDividend |
Dec 29, 2014 | $0.128 | CapitalGainShortTerm |
Dec 29, 2014 | $2.850 | CapitalGainLongTerm |
Dec 29, 2014 | $0.176 | OrdinaryDividend |
Dec 12, 2013 | $0.092 | CapitalGainShortTerm |
Dec 12, 2013 | $2.900 | CapitalGainLongTerm |
Dec 12, 2013 | $0.204 | OrdinaryDividend |
Dec 27, 2012 | $0.045 | CapitalGainShortTerm |
Dec 27, 2012 | $2.765 | CapitalGainLongTerm |
Dec 27, 2012 | $0.516 | OrdinaryDividend |
Dec 28, 2011 | $0.070 | CapitalGainShortTerm |
Dec 28, 2011 | $0.855 | CapitalGainLongTerm |
Dec 28, 2011 | $0.185 | OrdinaryDividend |
Dec 29, 2010 | $0.410 | CapitalGainLongTerm |
Dec 29, 2010 | $0.148 | OrdinaryDividend |
Dec 29, 2009 | $0.273 | OrdinaryDividend |
Dec 29, 2008 | $0.031 | CapitalGainLongTerm |
Dec 29, 2008 | $0.229 | OrdinaryDividend |
Dec 27, 2007 | $0.070 | CapitalGainShortTerm |
Dec 27, 2007 | $2.967 | CapitalGainLongTerm |
Dec 27, 2007 | $0.153 | OrdinaryDividend |
Dec 27, 2006 | $0.057 | CapitalGainShortTerm |
Dec 27, 2006 | $2.386 | CapitalGainLongTerm |
Dec 27, 2006 | $0.307 | OrdinaryDividend |
Dec 28, 2005 | $0.015 | CapitalGainShortTerm |
Dec 28, 2005 | $2.030 | CapitalGainLongTerm |
Dec 28, 2005 | $0.117 | OrdinaryDividend |
Dec 29, 2004 | $0.036 | CapitalGainShortTerm |
Dec 29, 2004 | $0.729 | CapitalGainLongTerm |
Dec 29, 2004 | $0.025 | OrdinaryDividend |
Dec 29, 2003 | $0.594 | CapitalGainLongTerm |
Dec 29, 2003 | $0.031 | OrdinaryDividend |
Dec 27, 2002 | $0.001 | CapitalGainShortTerm |
Dec 27, 2002 | $0.004 | CapitalGainLongTerm |
Dec 27, 2002 | $0.012 | OrdinaryDividend |
Dec 27, 2001 | $0.104 | CapitalGainShortTerm |
Dec 27, 2001 | $0.880 | CapitalGainLongTerm |
Dec 28, 2000 | $0.614 | CapitalGainShortTerm |
Dec 28, 2000 | $4.960 | CapitalGainLongTerm |
Dec 28, 2000 | $0.306 | OrdinaryDividend |
Dec 28, 1999 | $0.420 | CapitalGainShortTerm |
Dec 28, 1999 | $4.210 | CapitalGainLongTerm |
Dec 29, 1998 | $0.019 | OrdinaryDividend |
Dec 29, 1998 | $0.166 | CapitalGainShortTerm |
Dec 29, 1998 | $1.234 | CapitalGainLongTerm |
Dec 30, 1997 | $0.070 | OrdinaryDividend |
Dec 30, 1997 | $0.150 | CapitalGainShortTerm |
Dec 30, 1997 | $2.850 | CapitalGainLongTerm |
Dec 27, 1996 | $0.152 | OrdinaryDividend |
Dec 27, 1996 | $0.121 | CapitalGainShortTerm |
Dec 27, 1996 | $2.497 | CapitalGainLongTerm |
Dec 30, 1994 | $0.446 | OrdinaryDividend |
Dec 31, 1993 | $0.196 | OrdinaryDividend |
Dec 31, 1992 | $0.334 | OrdinaryDividend |
Dec 31, 1991 | $0.439 | OrdinaryDividend |
Dec 31, 1990 | $0.770 | OrdinaryDividend |
Dec 26, 1989 | $0.558 | OrdinaryDividend |
Dec 15, 1988 | $0.775 | OrdinaryDividend |
GABAX - Fund Manager Analysis
Managers
Mario Gabelli
Start Date
Tenure
Tenure Rank
Mar 03, 1986
36.27
36.3%
Mario Gabelli is the Founder, Chairman and Chief Investment Officer. Mr. Gabelli is one of the most respected investors in the United States and is a leading proponent of value investing. His proprietary Private Market Value with a Catalyst™ methodology has become an analytical standard in the value investing community. He holds an MBA from Columbia University Graduate School of Business, and is a summa cum laude BS graduate from Fordham University. Mr. Gabelli is a Chartered Financial Analyst. He is a member of the board of overseers of Columbia University Graduate School of Business.
Kevin Dreyer
Start Date
Tenure
Tenure Rank
Sep 01, 2009
12.75
12.8%
Mr. Dreyer, a Managing Director of GBL and Co-Chief Investment Officer of GBL’s Value Team, manages a portion of the Fund’s assets. He joined GBL in 2005 as a research analyst. Mr. Dreyer currently serves as a portfolio manager for the Adviser managing several funds within the Gabelli/GAMCO Fund Complex and GAMCO on its institutional and high net worth separate accounts team. Mr. Dreyer holds a M.B.A. from Columbia Business School and a B.S.E. from the University of Pennsylvania.
Christopher Marangi
Start Date
Tenure
Tenure Rank
Dec 01, 2010
11.5
11.5%
Christopher J. Marangi joined GAMCO in 2003 as an equity research analyst responsible for companies in the Cable, Satellite and Entertainment sectors, Mr. Marangi's experience includes 5+ years with Wellspring and JPMorgan. Mr. Marangi graduated magna cum laude and Phi Beta Kappa with a B.A. in Political Economy from Williams College and holds an M.B.A. with honors from the Columbia Graduate School of Business
Jeffrey Jonas
Start Date
Tenure
Tenure Rank
Oct 01, 2012
9.67
9.7%
Mr. Jeffrey J. Jonas, CFA, is a co-portfolio manager. Mr. Jonas joined Gabelli & Company, Inc. in 2003 as a research analyst. Prior to his appointment as Associated Portfolio Manager, Mr. Jonas served as co-portfolio manager of GAMCO Medical Opportunities LP. Mr. Jonas was a Presidential Scholar at Boston College where he received a BS in finance and management information systems.
Brian Sponheimer
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Mr. Brian C. Sponheimer, a Senior Vice President of GBL, serves as an associate portfolio manager of the Fund. Mr. Sponheimer joined Gabelli in 2008 as a research analyst covering automotive and trucking companies. Currently he is a Senior Vice President of GBL, a portfolio manager of Gabelli Funds, LLC, and a lead analyst on the firm’s Industrial Research team.
Sarah Donnelly
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Sarah Donnelly is a portfolio manager of Gabelli & Company, Inc., which she joined in 1999 as a research analyst. Ms. Donnelly currently follows the food and household products industries as a member of the consumer products team. She received a B.S. in Business Administration with a concentration in Finance and minor in History from Fordham University and currently serves on the advisory board of the Gabelli Center for Global Security Analysis at Fordham University.
Melody Bryant
Start Date
Tenure
Tenure Rank
Jan 01, 2020
2.41
2.4%
Ms. Melody Bryant joined GAMCO Investors, Inc. in September 2018. She has almost thirty years of experience as a portfolio manager. Most recently, Ms. Bryant was a managing director and chief investment officer for Trevor, Stewart, Burton & Jacobsen Inc., a New York based registered investment adviser. She has held senior and portfolio management positions at Neuberger Berman, LLC, John A. Levin & Co., and Kempner Asset Management.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.24 | 2.42 |